Cathay earmarks A321neo aircraft for China route expansion
Cathay Pacific intends to deploy Airbus A321neo planes scheduled for delivery starting 2020 on Chinese routes, part of a plan that will help the carrier manage costs while expanding and upgrading its network. Through the use of data technology and more fuel-efficient aircraft, Cathay has managed to increase its revenue per seat mile by about 7%, CE Rupert Hogg said Wednesday. Its cost per seat mile has also been contained, he said. Cathay has stated “we will make ourselves more productive and keep that cost flat,” Hogg said. The carrier has faced immense pressure from Chinese airlines rapidly adding direct international routes, a development that has diminished the city’s importance as a hub and led Cathay in 2016 to record its first full-year net loss in 8 years. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-04-18/oneworld/cathay-earmarks-a321neo-aircraft-for-china-route-expansion
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Cathay earmarks A321neo aircraft for China route expansion
Cathay Pacific intends to deploy Airbus A321neo planes scheduled for delivery starting 2020 on Chinese routes, part of a plan that will help the carrier manage costs while expanding and upgrading its network. Through the use of data technology and more fuel-efficient aircraft, Cathay has managed to increase its revenue per seat mile by about 7%, CE Rupert Hogg said Wednesday. Its cost per seat mile has also been contained, he said. Cathay has stated “we will make ourselves more productive and keep that cost flat,” Hogg said. The carrier has faced immense pressure from Chinese airlines rapidly adding direct international routes, a development that has diminished the city’s importance as a hub and led Cathay in 2016 to record its first full-year net loss in 8 years. <br/>